Spanning 10 ASEAN members, and Australia, China, Japan, South Korea, and New Zealand, the Regional Comprehensive Economic Partnership (RCEP) seeks to streamline trade agreements across 15 economies.
IATA believes that Covid-19 vaccination programmes would allow international air travel markets to open up more fully, and the recovery would be V-shaped and speedy.
Marketing and Advertising agencies are where design talents tend to congregate, it is the non-design sectors that are expected to drive design-manpower growth over the next 5 years. The non-design sectors include Education, User Interface (UX) and Mobile App Design.
The global Graphic Designer industry market size saw a sharp 10% fall from US$44.2 billion in 2019 to US$39.7 billion in 2020. The industry gained steady recovery in 2021, growing over 5% to reach US$41.8 billion.
As global economies came to a standstill in Q2 2020, the value of global mergers and acquisitions (M&A) fell to a record low US$375.79 billion. However, by Q4 2020, the temporary slump in M&A activity had more than tripled to reach US$1.2 trillion, an all-time high since the 2009 financial crisis.